Sr. Research Financial Portfolio Manager

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Chicago, ILtime type:
Full time posted on:
Posted Todayjob requisition :
JRAnn & Robert H. Lurie Children’s Hospital of Chicago provides superior pediatric care in a setting that offers the latest benefits and innovations in medical technology, research and family-friendly design. As the largest pediatric provider in the region with a 140-year legacy of excellence, kids and their families are at the center of all we do. Ann & Robert H. Lurie Children’s Hospital of Chicago is ranked in all 10 specialties by the U.S. News & World Report.
** Location
* * Simpson Querrey Biomedical Research Center
** Job Description
** The Research Financial Portfolio Manager, Senior is responsible for communicating accurate and timely financial data and providing financial advisement to principal investigators in the financial administration of grants, contracts clinical trials and other internally funded support. The Research Financial Portfolio Manager, Sr works closely with Research Support and Sponsored Program Offices counterparts and on behalf of their PIs in the development of budgets and spending plan projections to follow applicable sponsor regulations and requirements.

The Research Financial Portfolio Manager, Sr will serve as lead subject expert regarding Lurie Children’s and Stanley Manne Children’s Research Institute post-award policies, procedures and systems and assist with management of the finances of the sponsored projects for assigned Departments, Divisions and PIs.
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* Essential Job Functions:

*** Provide proactive financial advice and planning for each PI’s sponsored projects funding portfolio and overall funding situation of assigned PI, divisions and departments equating to an approximate 10-12% of the overall SMCRI research portfolio.
* Synchronize planning for each funding source into an integrated, holistic strategy for entire PI’s portfolio.
* Communicate accurate and timely financial data to PIs, sponsors and other divisional/departmental administration; maintain portfolio project reports for PIs.
* Implement Lurie Children’s and Stanley Manne Children’s Research Institute post-award policies and procedures to ensure compliance with sponsor rules and regulations and generally accepted accounting principles.
* Present PIs and administrators with option for solving and implement PI approved recommendations while remaining compliant with sponsor guidelines, federal regulations, Lurie Children’s and Stanley Manne Children’s Research Institute Policies and generally accepted accounting principles.
* Identify cost transfers requests or award prior approval requests for PIs and departments;
Initiate award prior approval requests as needed.
* Review transactions and resolve issues that requires a complex level of financial understanding such as cost sharing and effort reporting.
* Provide information to divisional leadership for departmental budgeting purposes.
* Facilitate continuation award tasks in coordination with the Research Accountants and the Office of Sponsored Programs.
* Be liaison between PIs and central research administration units and finance units.
* Cover portfolio for other Research Financial Portfolio Managers, Sr during absences and position vacancies.
* Provide input and suggestions to the leadership teams for improving operations.
* Mentor junior members of RFPM team in collaboration with team leadership
* Actively participate as a member of the Research Business Office team to help assure the accomplishment of departmental goals and objectives.
* Perform job functions adhering to service principles with customer service focus of innovation, service excellence and teamwork to provide the highest quality care and service to our patients, families, donors, volunteers, co-workers and…